November 2021

Greetings,
You are receiving this newsletter with hopes that you find it informative and entertaining.

If you are thinking of making a move, or just curious about the real estate trend in your area, please feel free to contact us any time. It is our pleasure to help you.

Best regards,
Lyle Longridge

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MLS® sales in the Fraser Valley remained strong in October while supply continued to diminish

Demand for Fraser Valley real estate remained solid in October with overall sales the third highest on record.

Metro Vancouver home buyers compete for fewer home listings in October Home sale activity in Metro Vancouver remained above historical averages in October while the overall supply of homes for sale dipped to levels not seen in three years.

Market watch - Residential Resale Market Returned to Pre-pandemic Levels

October’s resale market was active, busy, and stable – and followed the typical (pre-pandemic) ebb and flow that we commonly see as we enter the fall season. While the number of units sold followed the traditional trajectory, the lack of supply continues to put upward pressure on prices, which are holding strong and steadily increasing.

How to Deal with Mortgage Payment Difficulties

When unforeseen financial circumstances impact your ability to make regular mortgage payments, it’s important for you to take quick action. With early intervention, cooperation, and a well-executed plan, you can work together with your mortgage professional to find a solution to your financial difficulties.

Choosing Outdoor Lighting for Curb Appeal and Safety

Well-executed exterior lighting can enhances the architectural detail of your property and makes your home look beautiful in the evening adding an abundance of curb appeal. Aside from aesthetics, good exterior lighting can give you and your guest’s added security and peace of mind when entering and leaving your home.

Pros and Cons of Investing in a Rental Property

Buying rental property can be one of the most secure and fastest ways to build wealth. However, before you begin your entrance into real estate investing you should consider the following pros and cons.

Home Maintenance Checklist for Fall and Winter

As the winter season approaches and the air becomes crisp, it's time to start thinking about preparing your house for the season. The winter season means spending more time indoors, hence roofs need to shed rain and snow, windows and doors need to reject the cold, and the heating system needs to keep rooms comfortable.

Compliments of

Lyle Longridge
Associate Broker/Realtor
RE/MAX CREST
lyle@lylelongridge.com
Cell : 604-812-4076

Know what I want?

More great clients like you! Your referrals are always appreciated.

Lyle Longridge
Realtor/Associate Broker
Longridge Real Estate @ RE/MAX CREST
#1-5050 Kingsway
Burnaby, BC, V5H 4C2
Email us: lyle@lylelongridge.com
Call us : 604-812-4076

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